Key Market Indicators
Sweden's defense expenditure is projected to climb to nearly $7.9 billion by 2028, up from approximately $7.75 billion in 2023. This marks a modest annual growth rate of 0.3%. Since 1965, Swedish defense spending has increased at an average annual rate of 6.2%. In the global rankings for 2023, Sweden placed 29th, with Greece narrowly ahead at around $7.75 billion. Topping the list are China, Russia, and India, occupying the second, third, and fourth spots respectively.
Latest reports
Sweden Defense Market Report- Q1 2025
The first quarter of 2025 marked a pivotal period for the defense industry in Sweden, characterized by significant strategic shifts and investments aimed...
Sweden Defense Market Report- Q4 2024
The Sweden defense market in Q4 2024 is characterized by a strong focus on modernization and technological advancements, driven by regional security threats...
Sweden Defense Market Report - Q4 2024
The fourth quarter of 2024 marked a significant period for the defense market in Sweden, characterized by strategic advancements in defense spending, technological...
